The Buyer Cancellation Of Purchase Agreement Form is a crucial document in Singapore's commercial landscape, designed to facilitate the legal termination of purchase contracts. It becomes necessary when a buyer needs to withdraw from a purchase agreement, whether during a cooling-off period or under other permitted circumstances. The document ensures compliance with Singapore's consumer protection laws and contract regulations, clearly outlining the cancellation terms, refund arrangements, and mutual obligations. It serves as official documentation of the cancellation and helps prevent future disputes by clearly recording the termination details and any associated conditions.
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1. Buyer Information: Full details of the buyer including name, address, and contact information
2. Seller Information: Full details of the seller including name, address, and contact information
3. Original Purchase Agreement Details: Reference to original purchase agreement including date and contract number
4. Cancellation Statement: Clear statement of intention to cancel the purchase agreement
5. Reason for Cancellation: Statement of grounds for cancellation
6. Refund Terms: Details of any refund arrangements or forfeitures
7. Execution: Signature blocks and date of cancellation
1. Cooling-Off Period Reference: Required if cancellation is within statutory cooling-off period under Consumer Protection (Fair Trading) Act
2. Mutual Release: Mutual release of obligations and claims between parties
3. Return of Goods: Procedures and requirements for returning goods if applicable
1. Original Purchase Agreement: Copy of the original purchase agreement being cancelled
2. Proof of Payment: Evidence of original payment made by buyer
3. Return Inspection Report: Condition report of returned items if goods are being returned
Relevant legal definitions
Agreement
Buyer
Seller
Original Purchase Agreement
Cancellation Date
Effective Date
Purchase Price
Goods
Services
Refund Amount
Cooling-off Period
Cancellation Notice
Business Day
Deposit
Force Majeure
Parties
Return Period
Termination Fee
Outstanding Balance
Default
Notice
Written Form
Electronic Communication
Applicable Law
Governing Law
Buyer
Seller
Original Purchase Agreement
Cancellation Date
Effective Date
Purchase Price
Goods
Services
Refund Amount
Cooling-off Period
Cancellation Notice
Business Day
Deposit
Force Majeure
Parties
Return Period
Termination Fee
Outstanding Balance
Default
Notice
Written Form
Electronic Communication
Applicable Law
Governing Law
Clauses
Identification of Parties
Reference to Original Agreement
Cancellation Statement
Effective Date
Refund Terms
Return of Goods
Mutual Release
Cooling-Off Rights
Payment Terms
Notice Requirements
Representations and Warranties
Termination Fees
Default Provisions
Force Majeure
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Counterparts
Electronic Signatures
Confidentiality
Indemnification
Assignment
Waiver
Reference to Original Agreement
Cancellation Statement
Effective Date
Refund Terms
Return of Goods
Mutual Release
Cooling-Off Rights
Payment Terms
Notice Requirements
Representations and Warranties
Termination Fees
Default Provisions
Force Majeure
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Counterparts
Electronic Signatures
Confidentiality
Indemnification
Assignment
Waiver
Relevant Industries
Relevant Teams
Relevant Roles
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